The fact is this is not a big issue, the government will not entirely banned cryptocurrency because they know what they can earn from regulating it (maybe adding tax to exchanges) and
NITDA Offered scholarship on Blockchain last year November, though they can be Blockchain that doesn't have a coin but its shows they acknowledged the technology which cryptocurrency are built on.
Even if they later decided to banned cryptocurrency in Nigeria entirely, Nigeria bitcoin and crypto adoption will continue to surge and this may make us all adopt the use of DEX and non-custodian wallet.
My reason for this is from the fact that cryptocurrency is totally banned in Morocco but they are among the top countries mining cryptocurrency, while mining consumes more energy than any other sector in the country and so the Morocco's government is working on proper regulation of crypto. Also this as become many Nigerian source of living and won't just stop because the government says so in fact more adopters are coming
I am impressed by the comments declaring similar views expressing how unperturbed we are towards cryptocurrency adoption no matter what regulating policies the government throws at us to kill our morale.
At best what the government can do not to lose in their quest is to regulate and not think of banning crypto activities because even with their already placed restrictions the adoption is still thriving in the country of which many young Nigerians have taken the crypto industry as a career area. Nigeria recently was ranked among the top 10 countries in the world with highest number of cryptocurrency users, this can only send a strong signal to the government that ban is not the solution but regulation.